Archive for the ‘DealFlow Media’ Category
Lifemark Is Still Working on Restructuring Deal with CarVal
Luxembourg life settlements company Lifemark is still working on a restructuring deal with hedge fun…
Coventry Capital Plans to Invest in SL Investment Fund, Publication Says
Coventry Capital plans to originate policies and invest in a fund managed by SL Investment, a U.K. …
California Insurance Department Issues Final Rules for New Law
The California insurance department's final emergency regulations to enact the state's new life set…
ASG Is Servicing Retirement Value's $104M Portfolio
Asset Servicing Group said in a statement today that it was chosen by Retirement Value's court-appoi…
Insurer's Policy Transfer Ban Shocks Market
An insurance company's edict that insurable interest is required on policy transfers violates long-s…
Bank Foreclosures on the Rise
There may be a wave of bank foreclosures and life settlement auctions that could supply the tertiary…
NCOIL to Draft New Consumer Disclosure Model Act
The National Conference of Insurance Legislators (NCOIL) plans to begin drafting a new model act req…
California Legislator May No Longer Pursue Settlement Bill
The sponsor of life settlement legislation in California that seeks to rein in the insurance departm…
Sun Life Can't Rescind Policy and Keep Premiums, Court Says
A federal court decision says Sun Life Assurance Co. of Canada can't retain premiums if it rescinds …